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April 25, 2024 | New Jersey Law Journal

Litigation Funder Sues Plaintiffs Lawyer Over Clients' Alleged Nonpayment

The defendants "received payments totaling $31,650 while their suits were pending, and in the event of a breach of contract Legal Bay is entitled to three times that amount, plus attorney's fees and expenses," the suit states.
2 minute read
April 25, 2024 | The Legal Intelligencer

A Tight Economy Increased Costs and Hindered Productivity for Pennsylvania's Am Law 100

An analysis by The Legal looked at Am Law 100 revenue and net income figures and determined that eight of Pennsylvania's firms saw their total costs outpace revenue growth by anywhere between 0.5% and 4.6%
5 minute read
April 24, 2024 | Daily Business Review

Shutts & Bowen Scoops Up Former Fox Rothschild Trademark Leader

Patricia Flanagan is the second lateral partner to leave Fox Rothschild's West Palm Beach office this month.
3 minute read
April 24, 2024 | The Legal Intelligencer

Fox Rothschild Trademark Leader Heads to Shutts & Bowen

Patricia Flanagan is the second lateral partner to leave Fox Rothschild's West Palm Beach office this month.
3 minute read
April 22, 2024 | The Legal Intelligencer

Case Dismissed for False Start: Lessons on Drafting and Strategy

In the case of Waldron v. SVHB Marketing, franchisees' RICO case was dismissed on summary judgment for failure to exhaust the mediation prerequisite to filing a lawsuit against the franchisor and its personnel.
6 minute read
April 16, 2024 | The Legal Intelligencer

People in the News—April 16, 2024—Eisenberg Rothweiler, Stradley Ronon

Eisenberg, Rothweiler, Winkler, Eisenberg & Jeck announced that the firm recently hired Stephan A. Cornell as an attorney in Philadelphia.
3 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Average Compensation - All Partners

Average Compensation–All Partners increased by 6.2% in 2023. Seventy-two firms posted increases, compared with 41 the previous year. Twenty firms posted double-digit gains, while five firms posted double-digit losses.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Lawyer

Profits per lawyer is an alternative way of looking at firm profitability, intended to reduce the influence of factors such as leverage. The average is about $518,000, and the list-topper is about $3.04 million.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Profits Per Equity Partner

For the Am Law 100 as a whole, average PEP was up by 9.3% in 2023. Thirty-seven firms had growth rates of at least 10%, compared to 14 last year. Twenty firms had declines in 2023.
2 minute read
April 16, 2024 | The American Lawyer

The 2024 Am Law 100: Ranked by Revenue Per Lawyer

For the Am Law 100 as a whole, average revenue per lawyer, the metric that we've long regarded as the most reliable measure of a firm's financial health, increased by 4.9%. In 2023, eighty-five firms posted a gain in RPL.
2 minute read

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